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  • RUSSIA C.BANK SAYS CAPITAL OUTFLOWS IN Q4 WILL RISE TO LEVEL COMPARABLE WITH THAT OF Q1 AS INTERNATIONAL CAPITAL MARKETS CLOSED.

  • MOSCOW, Dec 15- Russia's gross domestic product could contract by around 4.5 percent in 2015 if oil prices are at $60 a barrel, the central bank said in a monetary policy document on Monday.

  • RUSSIAN CENTRAL BANK SAYS COULD REACH INFLATION TARGET OF 4 PCT IN 2015.

  • European shares slip again; CGG sinks 30 pct Monday, 15 Dec 2014 | 10:05 AM ET

    *CGG tumbles as Technip walks away. Shares in seismic oil and gas services group CGG were the top losers across Europe, plummeting 30 percent as rival Technip abandoned a takeover bid. Shares in Banca Monte dei Paschi di Siena fell 6.7 percent, hitting an all-time low on speculation it will need to raise capital to meet European Central Bank rules.

  • *BRENT CRUDE OIL FUTURES TURN NEGATIVE Monday, 15 Dec 2014 | 10:01 AM ET
  • RUSSIAN CENTRAL BANK SAYS ECONOMY COULD CONTRACT BY AROUND 4.5 PCT IN 2015 IF OIL PRICES ARE AT $60 A BARREL- DOCUMENT.

  • TEL AVIV, Dec 15- Israel is proud to call itself a "Start-up Nation", with more tech firms listed on Nasdaq than any other country outside the United States and China. She has brought her company to the brink of commercial success-- pre-clinical safety studies and plans for regulatory approval are underway-- thanks to investment from the office of Israel's chief...

  • NEW YORK, Dec 15- U.S. stocks rose at the open on Monday, following the worst week for the benchmark S&P 500 index in more than two years, with investors focused on crude oil prices which earlier hit a fresh 5-1/ 2- year low. The Dow Jones industrial average rose 113.41 points, or 0.66 percent, to 17,394.24, the S&P 500 gained 15.22 points, or 0.76 percent, to 2,017.55 and the...

  • *Qatar's Barwa Real Estate surges after fresh order. DUBAI, Dec 15- Most Middle East stock markets became more stable on Monday, after plunging in previous days, as the price of oil recovered slightly. Brent crude climbed above $62 per barrel, after hitting 5-1/ 2- year lows of $60.28 earlier, as traders began pricing in expectations of improving global...

  • U.S. manufacturing output surges in November Monday, 15 Dec 2014 | 9:15 AM ET

    WASHINGTON, Dec 15- U.S. manufacturing output recorded its largest increase in nine months in November as production expanded across the board, pointing to underlying strength in the economy. The gain in manufacturing and utilities combined to lift overall industrial production by 1.3 percent in November, the largest gain since May 2010.

  • FRANKFURT, Dec 15- Bayer's eye medication Eylea does not offer an advantage over a rival product from Novartis when treating patients with a type of diabetes-related swelling of the retina, a German healthcare cost watchdog said on Monday. IQWiG compared trial data on Eylea and Novartis's Lucentis for treatment of diabetic macular edema and found there was no...

  • *Petsmart to be acquired by private equity consortium. NEW YORK, Dec 15- U.S. stocks were set to rise at the open on Monday, following the worst week for the S&P 500 in more than two years, with investors focused on crude oil prices which earlier hit a fresh 5-1/ 2- year low. Shares of pet supply retailer PetSmart rose 4.8 percent in premarket trading after it agreed to be...

  • TORONTO, Dec 15- Canadian Finance Minister Joe Oliver said again on Monday he was confident the federal government would balance the budget next year, even given volatile oil prices. He also repeated that he was monitoring the housing market following reports of overvaluation and would take steps to deal, if necessary, to deal with the matter, but does not see a...

  • LONDON, Dec 15- The most important characteristic of the U.S. oil industry is inertia- or to put it another way, drilling and production respond sluggishly even to a large change in prices. Since 1974, there have been four episodes in which oil prices declined sharply over a relatively short time. These price slumps occurred between December 1985 and July 1986;...

  • UPDATE 1-Honeywell gives muted 2015 revenue forecast Monday, 15 Dec 2014 | 8:53 AM ET

    Dec 15- Honeywell International Inc, a maker of aircraft parts and electronic equipment, forecast lower-than-expected sales for the next year, citing slow global economic growth. Honeywell said it expects sales of $40.5 billion- $41.1 billion and a profit of $5.95- $6.15 per share for 2015. The company reaffirmed its 2014 profit forecast.

  • Riverbed to be taken private in $3.6 bln deal Monday, 15 Dec 2014 | 8:48 AM ET

    RIVERBED TO BE TAKEN PRIVATE IN $3.6 BLN DEAL@. Dec 15- Thoma Bravo LLC and Ontario Teachers' Pension Plan said they would buy network equipment maker Riverbed Technology Inc in a deal that valued the company at about $3.6 billion. Bain Capital, Hellman& Friedman and Thoma Bravo were among the private equity firms vying for Riverbed, Reuters reported last month...

  • BERLIN, Dec 15- Some staff at Amazon warehouses in Germany started a new three-day strike on Monday to press their demands for better pay and conditions as the online retailer races to ensure Christmas orders are delivered on time. Labor union Verdi said that it expected at least 2,000 workers to join the strike at five of Amazon's nine distribution centers in...

  • LOS ANGELES, Dec 15- Soaring college costs and stagnant incomes mean many families will not be able to save enough to pay for a typical undergraduate education. The good news is that most people will pay significantly less than the sticker prices published by colleges, which currently average just under $20,000 a year for public four-year university courses,...

  • NEW YORK, Dec 15- For investors in 2014, it was hard not to feel like winners. The S&P 500 is up 10 percent on the year, and existing-home sales just enjoyed a 32nd month of year-over-year price gains, according to the National Association of Realtors. One sign of this is that only 31 percent of investors is even making corrective financial resolutions for the New Year,...

  • Dec 15- Emerson Electric Co said it would sell its power transmission unit to Regal Beloit Corp, a maker of electric motors, for $1.44 billion as it streamlines its business. Regal Beloit's shares rose 6 percent premarket on Monday on the deal, the company's biggest acquisition. Regal Beloit was competing with ball bearings maker Timken Co, brake and clutch maker...